PBF Energy PBF
United StatesEnergy · Oil & Gas Refining & MarketingUSD
77.00 USD (−8.0%)
13 analysts
Trading 2120.30 €Open account ↗
Lightyear0.90 €Open account ↗
N260.90 €Open account ↗
XTB1.00 €★ featured · affiliateOpen account ↗Trading 2120.30 €Open account ↗Lightyear0.90 €Open account ↗XTB1.00 €★ featured · affiliateOpen account ↗200.00 € order · cheapest cheapest available in your country iCompare all 22 brokers →What does it do?
PBF Energy is an independent US refiner that buys crude oil and processes it into gasoline, diesel and other fuels, selling them on the wholesale market; its profit depends on the refining margin (crack spread).
Key points
from its scores- ✓Good share-price trend9.8
- ✓Strong growth9.5
- ✓Favourable backdrop8.7
- ✕Little or no dividend3.9
- !Average business quality5.3
AI analysis
bottom line, main risk, context and newsMomentum is excellent but the refining cycle is clearly procyclical and the sustainability of current earnings is the main uncertainty.
PBF Energy shows revenue growth of 56.2% and an ROIC of 33.9%, but its gross margin of 5.04% and free cash flow conversion of 8.1% reveal a refining business at the peak of the cycle, with an apparently cheap valuation (P/E 7.37) that already discounts margin reversal.
Refining margin compression if Brent crude rises or fuel demand falls, which would reverse the current 56.2% growth and stress its free cash flow generation (8.1%).
Context and risks
Independent US refiner with exposure to crack spreads that could compress if Brent crude rises without being passed through to product prices. The rising rate environment and strong dollar add pressure on financing costs and fuel demand, though its moderate leverage (ND/EBITDA 1.67) limits the impact.
Is PBF Energy stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades in line with the Energy median (within 15%).
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 7.4 | 15.7 | −53% |
| EV / EBITDA | 12.1 | 8.0 | +50% |
| Price / book | 1.5 | 2.2 | −31% |
| Price / sales | 0.3 | 1.9 | −85% |
Sector: median of the 102 Energy companies analysed. In bold, the multiples used for the comparison.
Valuation score: 5.3 out of 10 (median for Energy: 5.9).
Average analyst target: 77.00 USD, −8.0% versus the price.
Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Energy medianValuation
- P/E
- 7.4
- Forward P/E
- 4.8
- EV / EBITDA
- 12.1
- Price / book
- 1.5
- Price / sales
- 0.3
- Market cap
- 9.9B USD
- Enterprise value
- 11.7B USD
Profitability
- ROE
- 23.2%
- ROA
- 3.1%
- ROIC (approx.)
- 33.9%
- Gross margin
- 5.0%
- Operating margin
- 8.8%
- Net margin
- 3.9%
- Free cash flow
- 78.5M USD
- FCF yield
- 0.8%
- Cash conversion
- 8%
Solvency
- Total debt
- 2.5B USD
- Net debt
- 1.6B USD
- Cash
- 894.1M USD
- EBITDA
- 968.9M USD
- Net debt / EBITDA
- 1.67
- Debt / equity
- 38.42
- Current ratio
- 1.33
- Quick ratio
- 0.62
Growth
- Revenue growth
- +56.2%
- EPS (TTM)
- 11.36 USD
- EPS (forward)
- 17.43 USD
Dividend
- Dividend yield
- 1.3%
- Payout
- 9.7%
Risk and market
- Beta
- 0.17
- Analyst consensus
- Hold (13)
- Target price
- 77.00 USD
- 52-week range
- 25.62 – 85.75
Recent news
All PBF news →Compare it with its sector
All 102 in Energy →Frequently asked questions about PBF Energy
Is PBF Energy stock cheap or expensive?
On P/E and EV / EBITDA, it trades in line with the Energy median (within 15%). Valuation score: 5.3 out of 10 (median for Energy: 5.9). Average analyst target: 77.00 USD, −8.0% versus the price. This is not investment advice.
What score does PBF Energy get on MeridIAn Screener?
It scores 6.5 out of 10, rank 558 of 2,130 (better than 72% of the companies analysed). Its strongest category is Momentum (9.8) and its weakest, Dividend (3.9). Analysis of 08/10/2026.
What is PBF Energy's P/E ratio?
Its P/E is 7.4: the share price equals 7.4 times earnings per share over the last 12 months. The Energy median is 15.7. Based on the earnings analysts expect, the forward P/E is 4.8.
How much is PBF Energy worth on the stock market?
Its market capitalisation is 9.9B USD and its enterprise value, debt included, is 11.7B USD.
How much debt does PBF Energy have?
Its net debt (debt minus cash) is 1.6B USD. That is 1.67 times its EBITDA; the Energy median is 1.23.
Does PBF Energy pay a dividend?
Yes: its dividend yield is 1.31% and it pays out 10% of its earnings.
How has PBF Energy stock performed over the last year?
It has risen 209.9% over the last year, excluding dividends. Over the last 52 weeks it has traded between 25.62 and 85.75 USD. Past performance does not guarantee future results.
What do analysts think of PBF Energy?
13 analysts cover it; their average recommendation is “Hold” and their average target is 77.00 USD (−8.0% versus the price). It is an estimate, not market data.